We've had the impulse move upwards and the correction phase. Now we wait for the breakout candle and we can enter longs to TP around 1.88xxx according to fibs. I will be looking on the H1 TF for the breakout and will probably have around a 100 pip SL so make sure you RISK MANAGE!
Trade active:
H1 Has broken Out
We could have a setup like this...
We could have a setup like this...
Comment:
Also SL is only 50 Pips due to the LH formed on Lower TF'S
Comment:
^^ HL**
Trade closed: stop reached:
SL Hit
